Tycoon Danny Tan to inject land bank worth RM1.85b into Tropicana
KUALA LUMPUR (Jan 24): Tycoon Tan Sri Danny Tan Chee Sing, founder and major shareholder of Tropicana Corp Bhd with a 63.56% stake, is back…
Tag Archives: Investment Course
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Malaysia probes how Jho Low may have gained from pre-1MDB deal
KUALA LUMPUR (Jan 24): Malaysian investigators have uncovered details of how fugitive financier Jho Low could have made financial gains from the entity that predated…
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Genting Malaysia gets leave to commence judicial review over MoF decision
KUALA LUMPUR (Jan 24): The High Court here has granted Genting Malaysia Bhd (GENM) leave to commence judicial review proceedings against the ministry of finance’s…
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Oops: A brief history of some of the market’s worst fat fingers
HONG KONG (Jan 24): An 83% plunge in storied Singapore-listed stock Jardine Matheson Holdings Ltd. Thursday has traders pointing to the most likely culprit: a…
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Investigation on 1MDB case expected to be completed by March — IGP Fuzi
KUALA LUMPUR (Jan 24): The Royal Malaysia Police (PDRM) expect investigation into the 1MDB case to be completed by March, said Inspector-General of Police Tan…
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Tropicana, MyEG, CIMB, TMC Life, Muhibbah Engineering, Genting Malaysia, DiGi and Caring Pharmacy
KUALA LUMPUR (Jan 24): Based on corporate announcements and news flow today, companies that may be in focus on Friday (Jan 25) may include: Tropicana…
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Asia Pacific ex-Japan robotics spending to treble to US$129 bil by 2022
SINGAPORE (Jan 24): Spending on robotics and associated services in Asia Pacific excluding Japan (APEJ) is forecast to hit US$129.4 billion (S$175.9 billion) by 2022…
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XE Market Analysis: North America – Jan 23, 2019
The Dollar has traded flat-to-softer while the Yen has been the day-to-far’s underperformer and the Pound the outperformer. EUR-USD remained rooted around the 1.1350 level, while USD-JPY printed a two-day high at 109.79, which is 9 pips shy of Monday’s peak. AUD-JPY and CAD-JPY both rose 0.5%, and NZD-JPY saw an even greater magnitude of […]
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XE Market Analysis: Asia – Jan 23, 2019
The Dollar fell in N.Y. trade on Wednesday, taking the DXY to lows of the week at 96.05 from opening highs of 96.37. Trade and shutdown worries conspired against the Greenback through much of the session. EUR-USD rallied to 1.1396 from near 1.1350, as USD-JPY fell back to 109.40 after printing 110.00 highs. USD-CAD moved […]
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China detains students, labor activists in deepening crackdown
BEIJING/SHENZHEN (Jan 23): About a dozen Chinese labor activists and university students have either gone missing or been detained by police this week, sources told…
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AirAsia seeks over RM400m in counter-claim against MAHB
KUALA LUMPUR (Jan 23): AirAsia Group Bhd is seeking more than RM400 million in counter-claims against Malaysia Airports Holdings Bhd (MAHB) in response to a suit…
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KLCI falls as market jittery after Wall Street selldown
KUALA LUMPUR (Jan 23): The FBM KLCI declined today, tracking regional movements after the overnight selldown on Wall Street and the fall in crude oil…